Hello from ALA Insurance!

ALA Gap Insurance, Alloy Wheel and Dent Insurance.
Posts: 741
Joined: Mon Jul 10, 2017 6:32 pm
Location: Sunny Dorset and Marbella

Re: Hello from ALA Insurance!

Post by JurassicF » Fri Sep 11, 2020 8:04 am

It's back to invoice.
So if you buy a car for say £49,999
Take out 4 years GAP insurance.
In year 3 your car is badly damaged and written off.
Your insurance pays you the value of the car at the time of write off, which will be far less than your original purchase price as it's 3 years older.
GAP then covers the difference between the say £20,000 that your vehicle was worth at the time and the invoice value of £49,999

If you are happy with the £20,000 GAP is not for you, but I have just been quoted £230 for back to invoice for 4 years on my new purchase which for me is great value and one I will take up.
F-Type V6S convertible MY16
Glacier Pearlescent White
Red soft top
Red electric and heated sports seats
Black dash and door cards
Red belts
Flat bottom heated wheel

Posts: 194
Joined: Mon Sep 25, 2017 10:43 am

Re: Hello from ALA Insurance!

Post by scharlton » Fri Sep 11, 2020 9:26 am

OK, now it makes sense, thanks JurassicF
2014 Coupe 5.0R RWD

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